Kevin Dietsch/Getty Images It is "summer camp" after all, albeit for a rarefied set of people. Several major company heads, media executives and other public figures have been pictured at the conference, according to images from Getty and other reports, including the following: According to Gura, several executives who have invested in cryptocurrencies were reported to be at the event, as well as those heading up companies focused on artificial intelligence. The latter stayed at the company as executive chairman until the end of last year. Top execs across media, tech and sports gathered for their annual event known as "summer camp for billionaires.". This week, he returns as full-blown Hollywood titan of an expanded empire as CEO of Warner Bros. Kevin Dietsch/Getty Images Lakeland Headquarters 1401 South Florida Avenue Lakeland, FL 33803 Toll Free: 1 (800) 950-2526 Phone: (863) 688-9000 Fax: (863) 616-6354 Michael Walker Facebook CEO Mark Zuckerberg walks with Facebook COO Sheryl Sandberg at the Sun Valley conference. Cc @JeffBezos and Lauren Sanchez are back in #SunValley more now on @FoxBusiness @LizClaman," Gasparino tweeted. Thats a deal thats expected to usher in more than 280-characters worth of changes at Twitter. The country isnt in the grips of a recession, but thats what many economists predict is on the horizon. Inside The Sun Valley Event Known As 'Summer Camp For - NPR The giant shake-ups, large transactions and dips in stock prices across the entertainment landscape over the past year could make for a change in standing among colleagues in Idaho this July. Updated: 12:32 pm PT 6/7/21 to reflect that John Stankey will not attend the conference. 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This year, Allen & Co. seemed determined to pick up right where it left off. Before the conference got underway, the manager of the Friedman Memorial Airport in nearby Hailey, Idaho, said he expected more than 90 private planes. On Thursday, he and his girlfriend, Lauren Snchez, strolled past a group of journalists gathered outside the Sun Valley Lodge. Jeff Bezos for example supposedly bought The Washington Post when he was in Sun Valley. Read more: Big brands like Nike and Neiman Marcus are snapping up tech companies as e-commerce takes off and first-party data becomes paramount. Participants in this year's conference had to be fully vaccinated, and upon arrival, everyone had to take a COVID-19 test. 2023 The Hollywood Reporter, LLC. Among members of the media attending the event were CNN's Anderson Cooper and Van Jones; Andrew Ross Sorkin of The New York Times and CNBC; CBS News's Gayle King; and The Washington Post columnist David Ignatius. Gold Resource Corporation (NYSE:GORO) Q4 2022 Earnings Conference Call March 3, 2023 10:00 AM ETCompany Participants. 800-228-4966. hide caption. Griffith said the influx of visitors may come back and continue spending dollars down the road. The week isnt all work though hikes in the Sawtooth Mountains and rafting trips down the Salmon River are also on the agenda. [Inside Idaho: The legend of the Kuna Caves]. Others getting the golden ticket and chance to trade their power suits for windbreakers and sensible chinos include Shake Shack creator Danny Meyer, Dell Technologies CEO Michael Dell, Palantir CEO Alex Karp, Breaking Bad and Better Call Saul creator Vince Gilligan, Murphy Brown star Candice Bergen, Activision Blizzard CEO Bobby Kotick, producer Brian Grazer, Casey Wasserman, the Los Angeles Olympic Organizing Committee president and head of marketing and management company Wasserman, and Kevin Sabet, a former White House drug control policy advisor who founded Smart Approaches to Marijuana, a political organization opposed to marijuana legalization and commercialization. Top execs across media, tech and sports gathered for their annual event known as "summer camp for billionaires." The Hollywood Reporter is a part of Penske Media Corporation. Allen & Co. was an underwriter on Google's and Facebook's IPOs. For reporters, the Allen & Co. Sun Valley Conference is a strange event to cover. On this Wikipedia the language links are at the top of the page across from the article title. Sun Valley 2021: Photos of Execs, Guests at Allen & Co. Phone: 218-722-2625 Because of the pandemic, more of the conference's proceedings were held outside. She's an Emmy-winning journalist, and a professor at the College of Western Idaho. On Thursday, several dozen of them were visible. This year, however, the theme of the event may as well be two letters: IP. Here are five takeaways from the 38th Sun Valley conference: It was easy to see signs of the pandemic reality all around, and how it has changed our notion of what's normal. Allen & Company has advised, helped found, and/or invested in companies including BET, InterActiveCorp, Oxygen Media, Discovery Communications, News Corporation, the Coca-Cola Corporation and Google.[12][13][14]. After a year when the only stars to be found were in Sun Valleys night sky due to the pandemic, the Allen and Company Conference is back on in 2021. Outside the Sun Valley Lodge, NFL Commissioner Roger Goodell chatted with Robert Kraft, the owner of the New England Patriots. Some of the biggest names in technology, media and finance have gathered this week in Sun Valley, Idaho, for the latest edition of the annual conference hosted by Allen & Company, a private investment bank. The gathering typically includes major political figures, business leaders, and figures in the philanthropic and cultural spheres. The annual Allen & Co. conference in Sun Valley, Idaho is taking place this week, attracting some of the tech industrys biggest heavyweights. This year, Allen & Co. seemed determined to pick up right where it left off. co The Allen & Company Sun Valley Conference is an annual media finance conference hosted and funded by private investment firm Allen & Company. Here's A Peek Inside Sun Valley's 'Summer Camp For Billionaires' Although Warner Bros. After upending the media landscape with his deal to combine Discovery with WarnerMedia, David Zaslav will touch down in Sun Valley, Idaho this July for Allen & Co.s annual media conference. After all, Allen & Co. pays for the whole event with the understanding that it will eventually get a cut of any deal that emerges from its conference. Execs have been spotted arriving, checking in, and even heading out for With new mandates in boardrooms across the country to increase diversity in almost all major sectors, its very unlikely the summer camp for moguls can keep going without including Byron Allen, Jay-Z, Robert F. Smith and other high-profile Black execs. [4][9][10][11][2], and more. The two brothers seem pretty far apart on politics these days, with James, freed from the family business, moving toward the center and Lachlan, now firmly ensconced at Fox, standing behind his news networks Trumpian embrace. Note: Revenues for privately held companies are statistical evaluations. kif (@kifleswing) July 10, 2019. This week, the aggregate wealth of the men and women staying at the Sun Valley Resort is likely to reach more than $1 trillion, according to an NPR article. Sun Valley also played matchmaker for AOL and Time Warners unhappy union, which, until AT&Ts short-lived ownership of WarnerMedia, was far-and-away the worst thing that ever happened to the company that brothers Harry, Albert, Sam and Jack Warner founded in 1923 (it probably still is, but at least it now has a rival in the AT&T merger). West St Paul, MN 55118. Access your favorite topics in a personalized feed while you're on the go. The private conference, which marks its 38th year, was canceled in 2020 due to the COVID-19 pandemic. Minnesota Power places a high value on healthy, uninjured workers. And those exceptions are typically white women and Asian men. The ultra-exclusive event lures some of the biggest names in finance, tech, and media. During a press conference announcing the deal May 17, Zaslav said it brings together the most valuable, important and exciting IP in the world., This summer, Zaslav and a slew of tech and media moguls once again are poised to board their private jets for Sun Valley, marking the return of horseback riding, rafting, guided hikes, golf and perhaps more billion-dollar deals. It was no wonder why: He just handed over the reins of the company to a new CEO, Andy Jassy, and he is preparing to embark on a trip to space later this month. Gold Resource Corporation (GORO) Q4 2022 Earnings Call Transcript [1] The conference has taken place in Sun Valley, Idaho for one week each July since 1983. The Allen & Company Sun Valley Conference is an annual media finance conference hosted and funded by private investment firm Allen & Company. Minnesota Power an ALLETE Company The Black community has historically been the most underrepresented, despite the number of Black power players in media and entertainment. From Warner Bros. Part of what makes it so unique is the dress code. Paramount Global non-executive chair Shari Redstone, who is also traveling to Sun Valley, recently addressed the scale of the company created by the merger of CBS and Viacom, saying it has what it takes to succeed as it topped 62 million global streaming subscribers as of March. All Rights Reserved. A big question was whether Bezos would make an appearance. And for almost 40 years, its annual Sun Valley conference has been central to its mission. Kim Perry - Chief Financial It's unlike any summer camp you have heard of. Attendees previously likely to talk mergers and acquisitions, the go-to move for growth in recent years, especially as the streaming wars have ramped up, might put a pin in new conversations. While the topics to be discussed at the conference are not disclosed to the public, some guesses for what might be on the table can be made based on the guest list, Gura says. Matt Borud, Marketing and Innovation Administrator for the Idaho Department of Commerce says the exposure and attention have positive impacts for tourism in Sun Valley, and business in Idaho in general. At the same time, frequent Sun Valley-goer Zaslav now boasts Warner Bros. in front of his Discovery CEO title, making him the new king in town. Academia may not boast the kind of salaries that are usually a requirement for entry at Sun Valley, but the professors and school presidents are useful for the panel discussions that form much of the weeks activities. Address. Then there's the appearances that attract speculation for other reasons. Training Video Now Safety Training Videos, Mature driver classes (insurance discount), MN Network of Employers for Traffic Safety (NETS). A previous version of this story incorrectly referred to Facebook CEO Mark Zuckerberg and Facebook COO Sheryl Sandberg as siblings. Allen & Co. has usually been a family-friendly affair, and that has added to its can't-miss event status for moguls. Duluth, MN 55802 They are both executives at the social media company, but they are unrelated. Wall Street observers expect industry bosses to also discuss in Sun Valley whether in formal sessions or during social gatherings indoors or outdoors such challenges as rising inflation, which could impact the upside for sector giants pivot to streaming services. Facebook CEO Mark Zuckerberg walks with Facebook COO Sheryl Sandberg at the Sun Valley conference. Rupert Murdoch didn't make the trip this year, for example. A range of companies and institutions held court at dedicated tables while the most prominent business leaders in the world made the rounds of meetings that ran no more than 30-40 minutes. Each year, usually the week after the Fourth of July, big names flock to Sun Valley in their private jets. Putting a premium on personal ties, this family firm thrives in the land of the giants", When Private Jets Ferry Billionaires to Small-Town Idaho, https://en.wikipedia.org/w/index.php?title=Allen_%26_Company_Sun_Valley_Conference&oldid=1132458878, Articles with a promotional tone from November 2019, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 9 January 2023, at 00:15. Given weakened media and entertainment stock prices amid a difficult first half of 2022 and fears of a recession, which would hit advertising revenue of companies, many executives could over the near-term concentrate more on the blocking and tackling needed to navigate the new uncertainty than on striking big, transformative deals. It may not be the only case of awkward encounters in Sun Valley. The Discovery chief could be joined at the annual confab of power brokers and media barons by Amazon founder Jeff Bezos, fresh off his $8.5 billion deal to purchase Metro-Goldwyn-Mayer. Welcome to the Leman Conference Home page | Allen D. Leman 2023 The Hollywood Reporter, LLC. Sun Valley Conference 2022: Photos of CEOs in Executives from the biggest and most influential tech and media companies will gather behind closed doors. co-founder Jerry Yang, financer George Soros, Facebook founder Mark Zuckerberg, media mogul Rupert Murdoch,[5] eBay CEO Meg Whitman, BET founder Robert Johnson, Time Warner Chairman Richard Parsons, Nike founder and chairman Phil Knight,[6] Dell founder and CEO Michael Dell,[7] NBA player LeBron James, Professor and entrepreneur Sebastian Thrun, Governor Chris Christie, entertainer Dan Chandler, Katharine Graham of The Washington Post, Diane Sawyer, InterActiveCorp Chairman Barry Diller, Linkedin co-founder Reid Hoffman, entrepreneur Wences Casares, EXOR and FCA Chairman John Elkann, and Washington Post CEO Donald E. Graham, Ivanka Trump and Jared Kushner,[8] Bob Iger, Warner Bros. has long been a hallmark of the invite-only Allen event. "Love is in the air! Variety [2019: Annual spotlight on Sun Valley helps Idahos economy in ways large and small]. Sign up for our newsletter for the latest tech news and scoops delivered daily to your inbox. [Streaming] is going to be a street fight, Zaslav told CNBCs Julia Boorstin when asked about WarnerMedias just-announced-at-the-time plans to launch HBO Max. Their absence made the event feel more subdued than in years past. Sheryl Sandberg, Reed Hastings, Ted Sarandos, Doug McMillon and dozens more have arrived so far. Those sitting Sun Valley out this time include Rupert Murdoch and his son Lachlan (though ex-wife Wendi Deng Murdoch is named on the list), as well as billionaire entrepreneur Peter Thiel and Twitter CEO Jack Dorsey. Sun Valley 2022: What to Expect at Allen & Co.
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